Candidate 2 Nationally Elected Directors NOMINATED CANDIDATE Raimund Snyders Raimund Snyders, CFP Abridged CV Experience January 2009 - to-date Old Mutual Retail Affluent Executive General Manager: Retail Affluent Tied Distribution Heading up Tied Distribution within Retail Affluent Responsible for Sales, Operational & Expense management of the Tied Distribution business Development of strategy, people & markets form a key part of the role Direct reports are the Chief Operating Officer, Regional General Managers and the heads of Private Wealth Management and Agency Franchise Divisions. January 2008 to December 2008 Chief Executive Officer : Old Mutual Life Assurance Co (Namibia) Old Mutual Namibia Heading up the Life Company operations of Old Mutual Namibia Responsible for Sales, Operational & Expense management of the Retail, Group Schemes and Employee benefits businesses Development of strategy, people & markets form a key part of the role Direct reports are the Managers of the Retail, Group Schemes and Employee Benefits businesses. Represent Old Mutual in various capacities, including as Chairman of the Life Assurers Association of Namibia; leading the Financial Services Forum in discussions with the Regulator on law reform; participating in the Financial Services Charter initiative; dealing with Black Economic Empowerment partners of Old Mutual; and representing Old Mutual in government-driven development initiatives.
Director of Old Mutual Life Assurance Co Namibia, Old Mutual Investment Group Namibia, Old Mutual Properties Namibia January 2006 to December 2007 Chief Executive Officer : Retail Old Mutual Namibia Seconded to Old Mutual Namibia to lead their Retail insurance and savings business Responsible for Sales, Operational & Expense management of the Retail business Development of strategy, people & markets form a key part of the role Direct reports are the Manager of Personal Financial Advice (tied agency channel), Manager of Broker Distribution (distribution via bank and independent brokers), Marketing Manager, Financial Manager, Advice Center Manager (legal advice, training, trust & estate administration, compliance). Represent Old Mutual in various capacities, including as Chairman of the Life Assurers Association of Namibia; leading the Financial Services Forum in discussions with the Regulator on law reform; participating in the Financial Services Charter initiative; dealing with Black Economic Empowerment partners of Old Mutual; and representing Old Mutual in government-driven development initiatives. Acted as Group CEO for most of 2007, with the appointment of the MD of Namibia as MD of Old Mutual African Operations. September 2005 to December 2005 Business Development Manager Old Mutual Retail Set up and grow Old Mutual Agency Franchise Division as an alternative distribution strategy for OMSA Co-design business model, coordinating corporate legal, tax, IR strategy Onboard Franchise Principals, coordinating front and back office functions Present business model, legal structure and on-boarding process to potential franchise principals Participate in building and rolling out the value proposition for Franchise Principals and Agents Manage front office functions for the Division, including on-boarding, training, compliance, product set, etc. Liaise with regional BDMs on recruitment, development and management of Franchise Principals and Agents. January 2004 to September 2005 Bancassurance Manager Old Mutual Bancassurance Build and grow Old Mutual s Bancassurance strategy through collaboration with Nedbank Build relationships at corporate levels in the respective organisations Participate in McKinsey & Co research project into the Group Bancassurance strategy Implement a solution to market OM s employee benefits and health care solutions to Nedbank corporate clients Implement a total Bancassurance strategy in Nedbank Business Bank. Liaise between OM and BoE Private Clients to identify & exploit opportunities for co-operation and cross sales. Participated in set-up and launch of Masthead Distribution Services as Legal Strategy and Structure coordinator
January to December 2003 Private Client Liaison Manager Old Mutual Private Wealth Build and grow Old Mutual s Private Client strategy through collaboration with BoE Private Clients (a JV between OM & Nedcor). Establish relationships at all levels in the respective organisations Develop & implement a segmented distribution strategy for the sale of BoE products & services to affluent & HNW clients of OM, using existing IFA & tied advisor relationships Identify & exploit opportunities for OM products & services to be offered to HNW clients of BoE Identify & exploit opportunities for OM to utilise BoE for its institutional relationships, e.g. Employee Benefit trusts, Investment management for mid-institutional clients, etc. January 2002 to December 2002 Manager Specialist Advice & Services Old Mutual Private Wealth Specialist role of creating and managing complementary advisory services and specialist distribution relationships Overall responsibility for Old Mutual Trust Created and implemented a specialist advice business JV with professional accounting practices, centered in Gauteng Research and implement a model for delivery of specialist advice to affluent clients Research and implement a model for delivery of stock broking and discretionary portfolio management services for affluent clients Co-ordinate and manage Old Mutual Private Wealth s joint venture activities with Nedcor in the HNW market August 2001 to January 2002 Acting Managing Director Galaxy Portfolio Services Manage overall business during transition phase, following formation of Old Mutual Private Wealth segment. January 2000 August 2001 Business Development Manager (New position created) Galaxy Portfolio Services Responsible for Galaxy Advisory Services (division of Galaxy Portfolio Services) Manage product development Manage internet strategy Responsible for Information Technology Division Manage business re-engineering project Explore and drive business development opportunities July 1998 December 1999 Galaxy Portfolio Services (business created by merger of Old Mutual
Investment Services with another similar business) Market Development Manager (on promotion to Divisional Manager status in capacity as deputy MD) Manage marketing for Galaxy Portfolio Services Manage product development Manage internet strategy Set up and manage advisory service business (investment management for retail investors in mutual funds) Set up international investment division Exploit marketing and market development opportunities for business January 1999 July 1999 Old Mutual Investment Services Market Development Manager (New position created due to business growth) Responsible for strategic business direction and development of company Manage marketing division of company. Manage product development for company. Manage internet strategy of company. March 1996 31 December 1998 Services National Sales Manager Old Mutual Investment Manage sales of Old Mutual Agency (Tied) Distribution channel, including liaison with General and Regional Management, sales incentives, contractual negotiations, establishment of regional sales support structure. Co-manage marketing activities, including media communication, product development, internet strategy. Co-ordinated legal relationships related to establishment and operational functioning of OMIS. May 1994 February 1996 Manager Legal Training and Development Old Mutual Manpower Training, Mutualpark Development of legal and technical training material applied in advanced training of representatives, brokers and broker consultants. Development of legal advisers, including ILPA training, assistance with legal advice, and communicating relevant developments. Training and development of experienced sales force, including legal, technical and skills training of FAS members. Publication of Premiums & Problems, an industry publication on legal and technical matters related to the financial planning industry. Fields of experience includes Investment Planning, Retirement Planning, Estate Planning, Tax Planning, Business July 1993 April 1994 Senior Legal Advisor Old Mutual Windhoek Training Unit Manager of training unit in Namibia, including management of legal advisors, sales staff training and administrative training. Co-ordinate support of Head Office legal, training and marketing efforts in Namibia.
Represent OM Namibia in dealings with Ministry of Finance on income tax and insurance related issues. Provide legal assistance to Old Mutual s management in Namibia in dealings with the Namibian authorities. Participant in establishment and operational functioning of LAAN (Namibian Insurance Regulatory Association). September 1990 June 1992 Legal Advisor Old Mutual Windhoek Training Unit Training of representative, broker consultants and brokers on Income Tax, Retirement Planning, Estate Planning, Investment Planning, Business Assurance and related insurance matters. Marketing support to distribution channels, including presentations at seminars, product launches, and to individual clients. Legal advice, on legal and technical aspects of income tax of life assurance, retirement planning, estate planning, investment planning and business assurance. Consultation with clients and drafting of estate planning solutions, including wills, and trusts. September 1989 August 1990 State Advocate Presented state s case in criminal proceedings in the High Court of Namibia. Presented legal arguments in matters on appeal before the Full Bench of the High Court. Department of Justice, Windhoek January 1989 August 1989 Department of Justice, Windhoek Public Prosecutor Presented state s case in criminal proceedings in the Magistrate s Court and Regional Court of Namibia.
Education 2003 Advanced Certificate in Leadership UCT Graduate School of Business 18 month Honors Degree Level program 1992 Financial Planning Institute Took FPI Professional Examination. Admitted as Certified Financial Planner (CFP) 1984 1988 University of Stellenbosch South Africa Bachelor of Commerce B.Comm (Law). Post Graduate Bachelors of Law LL.B 1983 Liberty Christian College California, USA Obtained American High School Diploma. Exchange student with American Field Service (AFS) 1971 1982 Primary & Tertiary Education Windhoek, Namibia Skills Natural leader, high intellectual competencies, results orientation, high energy, enthusiasm, commitment, integrity and passion Language Proficiency English : speak, write, read : Excellent Afrikaans : speak, write, read : Excellent (mother tongue) German : speak, write, read : Fair Interests Outdoors (quality time with family), Running, Sports (spectator), Christian Activities Relevant Career Highlights Co-created Old Mutual s Linked Investments company (Funds supermarket); Retail distribution experience; Creation & presentation of proposals to audiences varying from 1 to 1000; Launched Fund Management Unit for company; Developed international fund platform for company;
Developed and launched new fund range for company; Co-created and implemented new product and business strategies for company; Co-managed merger between Old Mutual s retail investment businesses; Developed fiduciary advice strategy for affluent market; Participated in due diligence investigations of proposed OM and Nedcor JV; Managed merger of the Group s trust businesses; Learnings in HNW & Affluent wealth management ; Learnings in Bancassurance; Learnings in distribution strategy development and implementation; New business development Managing sales divisions to deliver outstanding year on year growth (36% growth in sales for 2007)